Problem Exercise 2 19. Using the DuPont Identity (L.04) Ethelbert Inc. has sales of 55.27. total sets of 3.105, and deterio of 140.1 its return on city is 15%, wit is itset income? EARI. GREY GOLF CORP 2017 2018 Saldi CE 2017 Current tattitles | 305 30 Antal $ 25 Acele 12.40 25 Nose . 292 22 Other Total $46 SMS Fras Long terme S00005910 Netplatit 5334.695 $365,14 Owen Command power Realing Total Total Stores LARIS. GREY GOU CORP Sole Cost of goods trepid To Da n.com AO T Todo AD 3. Calculating EFN (LO2) The most recent financial statements for Marpole Inc. are shown here (assuming no income taxes): $6,300 Assets $12,400 Statement of Comprehensive Income Sales Costs Net income Statement of Financial Position $18,300 Debt Equity $18,300 Total 3.890 5.900 $2.410 Total $18,300 Assets and costs are proportional to sales. Debt and equity are not. No dividends are paid. Next year's sales are projected to be $7,434. What is the external financing needed? 8. Sales and Growth (LO2) The most recent financial statements for Cariboo Co. are shown here: $ 51.000 Statement of Financial Position $ 21,000 Long-term Debt 86,000 Equity $107.000 Statement of Comprehensive Income Sales $49,000 Current Assets Costs 37,500 Fixed Assets Taxable income S11.500 Total Taxes (34%) 3.910 Net income $ 7.590 56,000 Total $107.000 Assets and costs are proportional to sales. The company maintains a constant 30% dividend payout ratio and a constant debt-equity ratio. What is the maximum increase in sales that can be sustained, assuming no new equity is issued